Tag: Forced Labor

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US flags PH labor enforcement, eyes tariff

The Office of the United States Trade Representative (USTR) has found that the Philippines' failure to prohibit and effectively block imports of goods produced with forced labor may unfairly burden US commerce, exposing Philippine exports to potential new tariffs under a Section 301 investigation.

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CIAC delivers best CGC rating in three years

The Clark International Airport Corporation (CIAC) earned a 99.56% rating from the Governance Commission for Government-Owned or -Controlled Corporations (GCG) in its 2025 Performance Scorecard — its best in three years.

Inflation surges to 7.2% in Sept., to test BSP policy

Philippine inflation surged to 7.2 percent in September, matching the pace in April, which is the fastest rate in three-and-a-half years and putting the Bangko Sentral ng Pilipinas under renewed pressure to tighten monetary policy.

Aboitiz Power sells power barges to MORE Power; Visayas supply, reliability to improve

Aboitiz Power Corp. sold two 121-MW power barges to Visayas distributor MORE Electric and Power Corp., completing the transfer last Friday and announcing it Monday. Terms were undisclosed.

AMRO: Philippine rebound hinges on public investment

The Philippines’ economic rebound will depend heavily on how quickly public investment and construction activity recover, with the energy shock and domestic flood-control issues weighing on growth, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

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